Grad PLUS Loans
Grad PLUS Loans
Graduate PLUS Loans
Graduate students are eligible to borrower higher amounts of federal loans than undergraduate students due to increased costs of graduate school and also since parent income is not considered when awarding graduate student aid. Typically, graduate students can borrow $20,500 per year of Federal Direct Unsubsidized loans up to a cumulative aggregate limit of $138,500, including loans received for undergraduate study. When this is not enough funding for graduate students, they can apply for a Graduate PLUS loan.
Unlike a Federal Direct Unsubsidized loan for a graduate student, a Graduate PLUS loan requires a credit check.The PLUS loan, when added to other financial aid and/or resources, may not exceed the total cost of education for that academic year. Just like the FAFSA, the student must apply for a Graduate PLUS loan each year.
Apply for a Graduate PLUS Loan
This is a request for supplemental information in connection with your application for a Federal Direct PLUS Loan (Direct PLUS Loan) through the William D. Ford Federal Direct Loan (Direct Loan) Program. Some schools may have a different process for obtaining the additional information needed to process your Direct PLUS Loan application.
Cooper Medical School of Rowan University Aid
Cooper Medical School of Rowan University (CMSRU), has a dedicated financial aid office to assist students with financial medical school. Please visit their website for more information.
RowanSOM and GSBS Financial AId
RowanSOM has a team of financial aid professionals who are able to answer any questions about graduate and medical school aid. Please contact them directly with any concerns.
